Details of issuance or disposal
Disposal of treasury shares as restricted stock compensation
32,000 common shares of the Company (treasury shares)
The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.
Total monetary compensation claims of ¥47,040,000
Restricted stock is stock awarded as compensation that cannot be sold during a specified period, with the restrictions lifted once the applicable conditions are met.
| Item | Details |
|---|---|
| Type of issuance or disposal | Disposal of treasury shares as restricted stock compensation |
| Number of shares to be issued or disposed of | 32,000 common shares of the Company (treasury shares) |
| Issue price and disposal price | ¥1,470 per share |
| Payment date | 24 July 2026 |
| Intended allottee | Category 3 directors of the Company, excluding outside directors and directors who are Audit and Supervisory Committee members / Number of Shares 17,000 shares, Category 5 executive officers of the Company / Number of Shares 15,000 shares |
| Intended allottee's holding policy | During the transfer restriction period, the shares may not be transferred, pledged as collateral, or otherwise disposed of. The transfer restriction period runs from 24 July 2026 to 23 July 2066. |
| Basis for determining the amount to be paid | The amount is based on the closing price of the Company's common shares of ¥1,470 on the Standard Market of the Tokyo Stock Exchange on 25 June 2026, the business day preceding the date of the Board of Directors' resolution. The Company believes that this does not constitute a particularly favorable price. No discount or premium rate is stated. |
| Transfer restriction period | 40 years (24 July 2026 to 23 July 2066) |
| Conditions for lifting transfer restrictions | Subject to continuously holding any of the following positions at the Company or one of its subsidiaries throughout the transfer restriction period, all transfer restrictions will be lifted upon expiry of the period: director, executive officer, executive officer, corporate auditor, employee, adviser, consultant, or any equivalent position. In the event of retirement or resignation due to expiry of a term of office, mandatory retirement, or another valid reason, some or all of the transfer restrictions will be lifted in accordance with the prescribed calculation method. |
| Reason for acquisition without consideration | The Company will acquire without consideration any shares allotted under this plan for which the transfer restrictions have not been lifted when the transfer restriction period expires or when the transfer restrictions are lifted. |
| Categories and Number of Persons Covered | 3 directors of the Company, excluding outside directors and directors who are Audit and Supervisory Committee members, 17,000 shares; 5 executive officers of the Company, 15,000 shares |
| Total Stock-Based Compensation | Total monetary compensation claims of ¥47,040,000 |
| Impact on Business Performance | No impact on the Company's performance from this disposal of treasury shares is stated. |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The purpose is to provide medium- to long-term incentives, share value with shareholders, secure talented personnel, and further enhance the motivation of the eligible directors and others.